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Indian Nifty is the part and parcel of a Day Traders Chest of Tools.

Without looking at the Indian Nifty charts early morning, trading wouldn’t start.

Any me a full time trader and Nifty Options trader, cannot any day go without an Indian nifty chart.

Nifty Trend Today is the first thing I blog about daily.

I do an analysis of the Indian Nifty Trend using multiple indicators using the following:

  1. SGX Nifty Trend
  2. Global Markets Trend
  3. Technical Analysis


I usually trade in Nifty options or Nifty Futures. For Options writing or Nifty Futures, we need Nifty Futures Margin.

Nifty Futures trading time for me is from 9:30 Am – 11:30 AM and 1:30 – 3:30PM due to the trending pattern.

I like to scalp in between during the sideways market, which I teach in my options trading course.

Without further ado, let’s jump into learning everything about CNX Nifty.


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Indian Nifty Start Date:

Nifty 50 started trading on the National Stock Exchange on the day of 22nd April 1996.



Indian Nifty Chart:


Indian Nifty Companies and its weightage in the Index:

Nifty was previously traded at the full market capitalization method.

However, from 26th June 2009, free float methodology came into existence.

Full market capitalization means the full amount of shares of the company are calculated on market value. After this parameter, Nifty was weighted ealier.

Now free-float capitalization means, only the company shares available for public trading. Thi is what is considered for market capitalization for weightage calculation of Nifty.

Sl.No.Company NameSectorWeightage in Nifty
1Reliance Industries Ltd.Petroleum Products10.20%
2HDFC Bank Ltd.Banks9.73%
3Infosys LimitedSoftware7.94%
4Housing Development Fin. Corp. Ltd.£Finance6.89%
5ICICI Bank Ltd.Banks6.57%
6Tata Consultancy Services Ltd.Software4.97%
7Kotak Mahindra Bank LimitedBanks4.06%
8Hindustan Unilever Ltd.Consumer Non Durables3.32%
9Axis Bank Ltd.Banks2.84%
10ITC Ltd.Consumer Non Durables2.80%
11Larsen and Toubro Ltd.Construction Project2.56%
12Bajaj Finance Ltd.Finance2.29%
13State Bank of IndiaBanks2.15%
14Bharti Airtel Ltd.Telecom – Services2.05%
15Asian Paints LimitedConsumer Non Durables1.81%
16HCL Technologies Ltd.Software1.54%
17Maruti Suzuki India LimitedAuto1.36%
18Tata Steel Ltd.Ferrous Metals1.27%
19UltraTech Cement LimitedCement & Cement Products1.15%
20Wipro Ltd.Software1.15%
21Mahindra & Mahindra Ltd.Auto1.14%
22Sun Pharmaceutical Industries Ltd.Pharmaceuticals1.12%
23JSW Steel Ltd.Ferrous Metals1.10%
24Bajaj Finserv Ltd.Insurance1.06%
25Dr Reddys Laboratories Ltd.Pharmaceuticals0.99%
26Titan Company Ltd.Consumer Durables0.98%
27Tech Mahindra Ltd.Software0.94%
28Nestle India Ltd.Consumer Non Durables0.92%
29Power Grid Corporation of India Ltd.Power0.89%
30HDFC Life Insurance Company LimitedInsurance0.87%
31Grasim Industries Ltd.Cement & Cement Products0.85%
32Adani Ports & Special Economic ZoneTransportation0.84%
33Hindalco Industries Ltd.Non – Ferrous Metals0.84%
34Indusind Bank Ltd.Banks0.83%
35Tata Motors Ltd.Auto0.83%
36Divis Laboratories Ltd.Pharmaceuticals0.82%
37Bajaj Auto LimitedAuto0.79%
38NTPC LimitedPower0.77%
39Cipla Ltd.Pharmaceuticals0.73%
40Britannia Industries Ltd.Consumer Non Durables0.64%
41Tata Consumer Products LimitedConsumer Non Durables0.63%
42Bharat Petroleum Corporation Ltd.Petroleum Products0.62%
43Oil & Natural Gas Corporation Ltd.Oil0.62%
44Shree Cement Ltd.Cement & Cement Products0.59%
45Hero MotoCorp Ltd.Auto0.58%
46SBI Life Insurance Company Ltd.Insurance0.57%
47Eicher Motors Ltd.Auto0.53%
48UPL Ltd.Pesticides0.53%
49Coal India Ltd.Minerals/Mining0.44%
50Indian Oil Corporation Ltd.Petroleum Products0.37%


Indian Nifty Prediction:

Indian NiftyChart by ChartInk

As a result of Fibonacci retracement, Indian Nifty prediction is to reach the level of 15901 in upcoming sessions.

Fibonacci retracement is the ultimate tool to find the future highs and targets in the market.

With about 55% technical analysts using fibonacci retracement for the predictions, makes it so accurate.

As a result, it’s accuracy is shart as a tack.

How did I predict it, read yourself, Fibonacci retracement vs Fibonacci extension blog post.


Indian Nifty Trend:

Indian Nifty Trend

The nifty trend is predicted based on higher highs and higher lows.

The  EMAs make way to higher highs as its a leading indicator unlike SMA.

Since the nifty is continuously clocking higher highs and higher lows, the Nifty trend is UP.

Also, look at the trend line drawn in the chart, it is sure shot Up as of Now!


Highest Points Achieved By Indian Nifty:

Nifty has the highest run of 2344.9 points in 2017.

Nifty is currently at an all-time lifetime high of 15733.

Year on year till date, Nifty has achieved a gain of 12.4%.

Usually, 12.4% was not even achieved in a couple of years, but this year, it’s not even half, but here it is.


Why is Nifty the Most Traded on Stock Exchanges?

The index is the culmination of all the company weightage.

Though multiple companies move is connected to Nifty, Nifty is the most easily predictable.

As a result of this, Nifty is more user-friendly to trade in futures as well as options.

Also, Nifty is the most traded due to the fact that its liquidity is the highest.

At any point in time, you can buy or sell the futures or options, without the least doubt will it sell at that price.

Considering all these Nifty is the highest traded on stock exchanges.


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Happy Trading and Happy Money Making!

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